China Demeter Investments Limited announced that with effect from 15 November 2016, Mr. Zhou Jing will cease to be the chief executive officer ("CEO") of the Company
and will remain as an executive Director and the chairman of the Board; and Mr. Ng Man Chun Paul has been appointed as an executive Director and the CEO. Prior to joining the Group, Mr. Ng has worked in various international investment banks and securities firms and is experienced in the area of finance and investments.